Question;1.;What is the FASB conceptual framework project? Explain the benefit of this;project to the practitioner.;2.;Give examples of authoritative and nonauthoritative GAAP.;3.;How can the promulgation of an accounting standard impact economic behavior?;Discuss an example.;4.;Discuss the advantages/disadvantages of rule-based versus principles-based;accounting standards.;5.;Explain the overload of accounting standards. How is the FASB attempting to;overcome this issue?
Paper#41915 | Written in 18-Jul-2015Price : $19